Public Employees Retirement System of Ohio Purchases Shares of 135,263 Curbline Properties (NYSE:CURB)

Public Employees Retirement System of Ohio acquired a new position in Curbline Properties (NYSE:CURB - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 135,263 shares of the company's stock, valued at approximately $3,141,000. Public Employees Retirement System of Ohio owned approximately 0.13% of Curbline Properties as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Curbline Properties in the 4th quarter valued at about $11,947,000. Vident Advisory LLC purchased a new position in shares of Curbline Properties during the 4th quarter worth about $526,000. ProShare Advisors LLC purchased a new position in shares of Curbline Properties during the 4th quarter worth about $665,000. Nissay Asset Management Corp Japan ADV purchased a new position in shares of Curbline Properties during the 4th quarter worth about $329,000. Finally, Nuveen Asset Management LLC purchased a new position in shares of Curbline Properties during the 4th quarter worth about $35,782,000.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Piper Sandler increased their price objective on shares of Curbline Properties from $28.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Morgan Stanley dropped their target price on shares of Curbline Properties from $27.00 to $26.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. Finally, Compass Point increased their target price on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Curbline Properties currently has an average rating of "Hold" and an average target price of $25.68.

Curbline Properties Stock Performance

Curbline Properties stock traded up $0.02 during mid-day trading on Wednesday, reaching $22.90. The company's stock had a trading volume of 445,448 shares, compared to its average volume of 709,313. The business has a 50 day moving average price of $23.03 and a 200-day moving average price of $23.62. Curbline Properties has a twelve month low of $20.16 and a twelve month high of $25.69.

Curbline Properties (NYSE:CURB - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.24 EPS for the quarter, hitting analysts' consensus estimates of $0.24. The business had revenue of $38.44 million during the quarter, compared to analyst estimates of $34.51 million. The firm's revenue was up 38.2% compared to the same quarter last year. Research analysts expect that Curbline Properties will post 1 earnings per share for the current year.

Curbline Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 18th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.79%. The ex-dividend date is Wednesday, June 18th.

About Curbline Properties

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.